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Showing posts from September, 2019

Exclusive: Russia carried out a 'stunning' breach of FBI communications system, escalating the spy game on U.S. soil

Exclusive: Russia carried out a 'stunning' breach of FBI communications system, escalating the spy game on U.S. soil : Both compounds, and at least some of the expelled diplomats, played key roles in a brazen Russian counterintelligence operation that stretched from the Bay Area to the heart of the nation’s capital, according to former U.S. officials. The operation, which targeted FBI communications, hampered the bureau’s ability to track Russian spies on U.S. soil at a time of increasing tension with Moscow, forced the FBI and CIA to cease contact with some of their Russian assets, and prompted tighter security procedures at key U.S. national security facilities in the Washington area and elsewhere, according to former U.S. officials. It even raised concerns among some U.S. officials about a Russian mole within the U.S. intelligence community.

Apple disputes allegations that Apple TV trial will drive down stock price

Apple disputes allegations that Apple TV trial will drive down stock price : The issue, according to Goldman Sachs' Rod Hall, is how investors view profit margins for individual business segments, more than any actual financial impact to the company. In a note to investors on Friday morning, Goldman Sachs said that a one-year free trial to Apple TV would impact hardware profit margins because of how Apple has historically accounted for trials, including Apple Music and iCloud subscriptions. Apple will be offering one-year free trials of Apple TV to purchasers of an iPhone, iPad, iPod Touch, Apple TV, or Mac. Hall is apparently concerned that this is a problem, because investors will look more at profit margins just in hardware, and not across the company as a whole. Hall insists that this accounting issue, and how investors respond to it without any context on where money is being made outside of hardware, will drive Apple stock down by 25% of its present valuation. As a res...